Sri Lanka call rates hit 50% amidst festival drawdown

March 11, 2007 (LBO) – Sri Lanka’s inter-bank call rates hit 50 percent Wednesday even as the monetary authority pumped billion of rupees into the banking system to make-up for a seasonal cash draw down from the system.Sri Lanka’s money supply usually zooms in April during the island’s Sinhala and Tamil New Year as government […]

Crash Cash

April 11, 2007 (LBO) – A Sri Lankan brewer whose truck was involved in a fatal bus-truck crash on Tuesday, is offering cash to accident victims, an official said Wednesday.Local brewer, Lion Brewery Ceylon Ltd, is offering to pay 125,000 rupees (1,200 dollars) to relatives for each of the victims who died, while those who […]

Dope Deals

April 10, 2007 (LBO) – Heightened security in the country has allowed authorities to nab more drug dealers and abusers last year with arrests climbing 69 percent, Sri Lanka’s anti drug authority said. “Each ‘flavour’ gives a different feeling and hallucinations.” In 2006 the drug related arrests had increased to 47,000 and 34,000 related to […]

World Cup is too long, says Hayden

BRIDGETOWN, Barbados, April 11, 2007 (AFP) – Australia opener Matthew Hayden said Tuesday that the World Cup is too long and called for the marathon tournament to be trimmed. “It’s too long. It’s too long for everyone,” said Hayden with another 18 days still to play in the 47-day marathon competition. World Cup holders Australia […]

Bangladesh still have work to do, says Whatmore

BRIDGETOWN, Barbados, April 11, 2007 (AFP) – Bangladesh coach Dav Whatmore, who has masterminded memorable Caribbean World Cup wins over India and South Africa, is adamant that there is still plenty of work to do to finetune the Asian Tigers.The burly Australian is used to upsetting the world order of international cricket – in 1996, […]

Sri Lanka v New Zealand head-to-head record

ST GEORGE’S, Grenada, April 10, 2007 (AFP) – Sri Lanka v New Zealand head-to-head record ahead of their World Cup Super Eights match at New Queen’s Park here on Thursday: Total meetings: 65 Sri Lanka wins: 28 New Zealand wins: 34 Tied: 1 No Result: 2 Last 10 meetings 26/12/2004: Auckland New Zealand won by […]

‘t deserve semi spot, says Lara

ST GEORGE’S, Grenada, April 11, 2007 (AFP) – West Indies captain Brian Lara apologised to fans after his team’s World Cup hopes were shattered by South Africa in their Super Eights match at the Grenada National Stadium Tuesday.AB de Villiers slammed a maiden one-day international century to set South Africa on the way to a […]

Sri Lanka sweat on Malinga fitness; skipper denies Moody remarks

ST DAVID’S, Grenada, April 10, 2007 (AFP) – Record-breaking fast bowler Lasith Malinga is doubtful for Sri Lanka’s World Cup Super Eights clash against New Zealand on Thursday with an ankle injury. Malinga was not at Sri Lanka’s practice session at Sagesse Park here Tuesday and afterwards skipper Mahela Jayawardene told AFP: “Lasith has an […]

Windies bow out after South Africa wins big

ST GEORGE’S, Grenada, April 10, 2007 (AFP) – AB de Villiers slammed a maiden one-day international as South Africa beat the West Indies by 67 runs in a World Cup Super Eights match at the Grenada National Stadium Tuesday. The defeat effectively ended the hosts’ hopes of reaching the semi-finals. Opening batsman De Villiers, battling […]

‘s February trade deficit narrows despite higher petroleum imports

April 11, 2007 (LBO) – Sri Lanka’s trade deficit narrowed to 144.5 million dollars in February despite oil import costs moving up, the central bank said Wednesday. The Central Bank said reserves had grown to 2,578 million dollars (2.9 months of imports) by end February with balance of payments surplus of 53 million dollars. The […]

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